Thursday, March 3, 2011

Netflix (NFLX) Coming to a Nintendo Near You

The release of Nintendo's 3DS handheld video game system isn't that far away, and Netflix (NASDAQ:NFLX) and AT&T (NYSE:T) will be a part of the device.

Users will be able to stream videos from Netflix on the system, while AT&T will offer wireless hot spot access, numbering at about 10,000.

Nintendo has already released the new product in Japan, where over 400,000 have already been sold. It is expected to be released in the U.S. on March 27, being offered at $250.

The company said in order to generate stronger demand, they'll have over 30 games which will be released in the first three months it is available in America.

Even with the Netflix and AT&T features, Nintendo of America President Reggie Fils-Aime said, "The primary function of the 3DS is to play games."

Similar to its Wii console, Nintendo said its hoping the new device will draw non-gamers as well, expanding its market.

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